iShares Energy Storage & Materials ETF (NASDAQ:IBAT) Sees Large Increase in Short Interest

iShares Energy Storage & Materials ETF (NASDAQ:IBAT) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 7,800 shares, an increase of 680.0% from the November 15th total of 1,000 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 15.6 days.

iShares Energy Storage & Materials ETF Stock Performance

Shares of iShares Energy Storage & Materials ETF stock traded up $0.12 on Wednesday, hitting $23.40. The stock had a trading volume of 120 shares, compared to its average volume of 1,239. The stock has a 50 day moving average of $24.02 and a 200 day moving average of $24.09. iShares Energy Storage & Materials ETF has a twelve month low of $22.15 and a twelve month high of $26.08.

About iShares Energy Storage & Materials ETF

The iShares Energy Storage & Materials ETF (IBAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a price-weighted index of companies involved in energy storage solutions around the globe. The fund seeks to provide long-term growth opportunities from companies involved in the transition to a low-carbon economy.